Hi,
My question is - Is the interest only tax free of part of principal of debt also tax free?
Also, when it is good for the company and equity share holders to take a debt capital?
Avadhut
(Analyst)
(53 Points)
Replied 27 June 2008
since interest is tax free..that will create welath for shareholders..
Thanks
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)